THIS IS HOW IT IS DONE: Macron to Bring French Government Spending to Lowest in 10 Years---and Cut Taxes

Macron's administration plans to cut French public spending to its lowest level since the start of the financial crisis next year and squeeze the tax take to its lowest since 2010 as part of a strategy to remake the economy and revive the nation’s standing in Europe.

France has a huge public expenditure side (57% of GDP), and this will be a small trim (to an eventual 50%), but this is the direction government spending and taxation should move in rather than Trump's phony tax reform and no focus on net government spending at all.